History Commons^™

Deposit Insurance And Moral Hazard: Capital, Risk, Malfeasance, And Mismanagement. A Comment On ‘Deposit Insurance And Moral Hazard: Evidence From Texas Banking During The 1920s, Gary Richardson

Gary Richardson

A Journal of Economic History article by Linda Hooks and Kenneth Robinson, “Deposit Insurance and Moral Hazard: Evidence from Texas Banking During the 1920s,” contains a contradiction (Hooks and Robinson 2002). Pondering the contradiction in the paper reveals insights that the authors may have overlooked. Hooks and Robinson’s article examines the experience of the banking industry in Texas during the 1920s. Texas operated a deposit-insurance system from January 1, 1910 until February 11, 1927. Deposit insurance was mandatory for all state banks, which were given the choice of two plans in which to participate. The preponderance participated in the depositors …

Check Is In The Mail: Correspondent Clearing And The Banking Panics Of The Great Depression, Gary Richardson

Gary Richardson

Weaknesses within the check-clearing system played a hitherto unrecognized role in the banking crises of the Great Depression. Correspondent check-clearing networks were vulnerable to counter-party cascades. Accounting conventions that overstated reserves available to corresponding institutions may have exacerbated the situation. The initial banking panic began when a correspondent network centered in Nashville collapsed, forcing over 100 institutions to suspend operations. As the contraction continued, additional correspondent systems imploded. The vulnerability of correspondent networks is one reason that banks that cleared via correspondents failed at higher rates than other institutions during the Great Depression.

Getting Off The Dole: Why The Court Should Abandon Its Spending Doctrine And How A Too-Clever Congress Could Provoke It To Do So, Mitchell N. Berman

All Faculty Scholarship

No abstract provided.

Nationwide Branching: Some Lessons From California, Lynne Doti

Economics Faculty Articles and Research

California provides a case study of a large and diverse geographic area with few restrictions on branch banking. In spite of the lack of restrictions, branching occurred primarily in two periods, the 1920's and 1960's. Large banks took over smaller banks during these periods, but, particularly in the 1960's, new banks opened to fill the gap. Branching without limitation did not result in a few banks dominating the market.

Ua35/11 Student Honors Research Bulletin, Wku Honors Program

WKU Archives Records

The WKU Student Honors Research Bulletin is dedicated to scholarly involvement and student research. These papers are representative of work done by students from throughout the university.

• Albin, Bettye. John Dryden's Criticism: The Neglected Link
• Allen, Christopher. Martial Reflections: Ancient Cultures and Their War-Gods
• Case, Laura. Climatic Preference
• Deller, Kathy. Regression Analysis: The Effects of Advertising, Price, Income and Import Sales on American-Made Auto Sales
• Downing, Elizabeth. Dorothy Leigh Sayers: Detective of Literary Theory in The Mind of the Maker
• Elder, Janice. A Retrospective Study on Discharge Planning and Primiparas at Breckinridge Memorial
• Flora, Joan. Narcissism and the Need for …

Charles Lonergan Cobb Papers - Accession 11, Charles Lonergan Cobb

Manuscript Collection

The Charles Lonergan Cobb Papers consists mainly of correspondence but also includes photographs, biographical material, magazine and newspaper clippings, all relating to Cobb's career as a banker at People's National Bank( 1905-1949); and the People's National Bank and Trust Company(1949-1953) in Rock Hill, SC as well as his association with Winthrop College as a Board of Trustees' member(1938-1953). Subjects include, railroad cotton shipping service to South Carolina mill towns, crop loans in the early 1920s, location of the Celanese Chemical Plant in Rock Hill, the Winthrop College Board of Trustees, and a1946 article about Cobb that appeared in the Saturday …

A History Of The Endowment Fund Of Ouachita Baptist University 1904-1966, Virginia Cavness Orr

OBU Graduate Theses

The purpose of this thesis was to examine the history of the permanent endowment fund of Ouachita Baptist University located in Arkadelphia, Arkansas. This endowment fund has played a major role in providing financial stability for the University since the funds' beginning.

The information compiled within this thesis has been derived from every known source. The minutes of the Board of Trustees of Ouachita Baptist University supplied the major portion of the information. Other sources used include the minutes of the Arkansas Baptist State Convention, Arkadelphia Chamber of Commerce, alumni publications, the county newspaper, letters, papers from private and historical …

Winding Gulf Coals, Incorporated, Winding Gulf Coals, Incorporated

Arthur Kilgore Mine Scrip Collection

This scrip is from the Winding Gulf Coals, Incorporated mine with a value of 50¢.

Winding Gulf Coals, Incorporated, Winding Gulf Coals, Incorporated

Arthur Kilgore Mine Scrip Collection

This scrip is from the Winding Gulf Coals, Incorporated mine with a value of $1.

Winding Gulf Coals, Incorporated, Winding Gulf Coals, Incorporated

Arthur Kilgore Mine Scrip Collection

This scrip is from the Winding Gulf Coals, Incorporated mine with a value of $5.

Winding Gulf Coals, Incorporated, Winding Gulf Coals, Incorporated

Arthur Kilgore Mine Scrip Collection

This scrip is from the Winding Gulf Coals, Incorporated mine with a value of $10.

Winding Gulf Coals, Incorporated, Winding Gulf Coals, Incorporated

Arthur Kilgore Mine Scrip Collection

This scrip is from the Winding Gulf Coals, Incorporated mine with a value of 5¢.

Winding Gulf Coals, Incorporated, Winding Gulf Coals, Incorporated

Arthur Kilgore Mine Scrip Collection

This scrip is from the WInding Gulf Coals, Incorporated mine with a value of 10¢.

Winding Gulf Coals, Incorporated, Winding Gulf Coals, Incorporated

Arthur Kilgore Mine Scrip Collection

This scrip is from the Winding Gulf Coals, Incorporated mine with a value of 25¢.

Wyoming Coal Company, Wyoming Coal Company

Arthur Kilgore Mine Scrip Collection

This scrip is from the Wyoming Coal Company mine with a value of $1.

Yocum Creek Coal Company, Incorporated, Yocum Creek Coal Company, Incorporated

Arthur Kilgore Mine Scrip Collection

This scrip is from the Yocum Creek Coal Company, Incorporated mine with a value of 5¢.

Yocum Creek Coal Company, Incorporated, Yocum Creek Coal Company, Incorporated

Arthur Kilgore Mine Scrip Collection

This scrip is from the Yocum Creek Coal Company, Incorporated mine with a value of 25¢.

Yocum Creek Coal Company, Incorporated, Yocum Creek Coal Company, Incorporated

Arthur Kilgore Mine Scrip Collection

This scrip is from the Yocum Creek Coal Company, Incorporated mine with a value of 25¢.

The Lorado Store, The Lorado Store

Arthur Kilgore Mine Scrip Collection

This scrip is from The Lorado Store with a value of 1¢.

Seagraves Coal Company, Seagraves Coal Company

Arthur Kilgore Mine Scrip Collection

This scrip is from the Seagraves Coal Company mine with a value of $1.

Semet-Solvay Division Allied Chemical & Dye Corporation, Semet-Solvay Division Allied Chemical & Dye Corporation

Arthur Kilgore Mine Scrip Collection

This scrip is from the Semet-Solvay Division Allied Chemical & Dye Corporation with a value of 1¢.

Amherst Coal Company, Amherst Coal Company

Arthur Kilgore Mine Scrip Collection

This scrip is from the Amherst Coal Company mine with a value of 5¢.

Amherst Coal Company, Amherst Coal Company

Arthur Kilgore Mine Scrip Collection

This scrip is from the Amherst Coal Company mine with a value of 1¢.

Guyan Eagle Stores, Guyan Eagle Stores

Arthur Kilgore Mine Scrip Collection

This scrip is from the Guyan Eagle Stores with a value of 1¢.

Leccony Smokeless Fuel Company, Leccony Smokeless Coal Company

Arthur Kilgore Mine Scrip Collection

This scrip is from the Leccony Smokeless Fuel Company mine with a value of 1¢.

Preston County Supply Store, Preston County Supply Store

Arthur Kilgore Mine Scrip Collection

This scrip is from the Preston County Supply Store with a value of 5¢.

Junior Mercantile Company, Junior Mercantile Company

Arthur Kilgore Mine Scrip Collection

This scrip is from the Junior Mercantile Company with a value of 1¢.

Gulf Smokeless Coal Company, Gulf Smokeless Coal Company

Arthur Kilgore Mine Scrip Collection

This scrip is from the Gulf Smokeless Coal Company mine with a value of 1¢.

Glen Alum Coal Company, Glen Alum Coal Company

Arthur Kilgore Mine Scrip Collection

This scrip is from the Glen Alum Coal Company mine with a value of 5¢.

Glen Alum Coal Company, Glen Alum Coal Company

Arthur Kilgore Mine Scrip Collection

This scrip is from the Glen Alum Coal Company mine with a value of 25¢.